Originally posted by: Oiprocs
The problem with the playoff is that too many universities do not want to see it happen. You get money for winning a bowl game (not sure where it comes from, sponsors, tickets sales, etc.); if you introduce a playoff, those bowl games disappear, and thus the money that went to those winning teams disappear.
There are currently 33 bowl games. The least rewarded bowl is $325,000. Again, I'm not sure how that is split between the loser and the winner, but that means 66 universities will receive monetary compensation for their hard work of earning a spot in one of those bowl games.
Installing a playoff system would effectively remove that reward of money, prestige, pride, etc. Yes, you could have a bracket system where the longer you last in the playoffs, the more money you get, with the National Champion receiving the most money, but how would you structure that? A 66 team playoff bracket? Assuming you did a 64 team playoff, that would require 5 weeks of games (64, 32, 16, 8, 4, 2). How tired would teams be? On top of their 12-13 game schedule, the national champion has to play an additional 5 games? What about school? These aren't the pros, these are college athletes that are (or should) be caring about their academics.
Money is really the bottom line. Those sponsors keep lining up to have their name on a bowl game, and they will keep pumping money into the system. Universities like that even though they may not be national champions, they can still savor a 7-5 season with a bowl win. I would LOVE to see a playoff system installed; as a fan, it really is the only way to see who the best is. But our (the fan) perspective is not the one that matters most in this case.